Nonprofit · EIN 87-1519875
OUT OF THE ASHES 5K INC
Tax-exempt · CHARLOTTE, NC 28212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $283,862 | $209,547 | $74,315 | $106,944 | $5,999 | $100,945 |
| June 30, 2024 | 990-EZ | $43,543 | $79,156 | -$35,613 | $26,630 | – | $26,630 |
| December 31, 2023 | 990-EZ | $78,261 | $36,642 | $41,619 | $62,243 | – | $62,243 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $118,795
- Program service revenue
- $408
- Investment income
- $0
- Net income from fundraising events
- $164,659
- Other revenue
- $164,659
Expenses
- Grants and similar amounts paid
- $56,500
- Compensation of officers, directors and key employees
- $62,000
- Other salaries and wages
- $43,627
- Salaries, compensation and benefits (total)
- $130,754
- Professional fundraising fees
- $0
- Program services (functional)
- $61,563
- Management and general (functional)
- $147,984
Balance sheet and other
- Total assets, start of year
- $26,630
- Total assets, end of year
- $106,944
- Total liabilities, end of year
- $5,999
- Net assets, end of year
- $100,945
- Net assets without donor restrictions
- $100,945
- Gross receipts
- $331,593
- Employees
- 4
- Year formed
- 2022
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Facinoli | Executive Dir. Trustee or director, Officer | 40 | $62,000 |
| Brittany Facinoli | Vice Chair Trustee or director, Officer | 5 | $0 |
| Rebecca Blankenship | Treasurer Trustee or director, Officer | 3 | $0 |
| Elizabeth Holmgren | Board Member Trustee or director | 1 | $0 |
| Kait Roth | Secretary Trustee or director | 1 | $0 |
| Christine Elberson | Board Member Trustee or director | 1 | $0 |
| Matt Duddleston | Chairman Trustee or director | 1 | $0 |
990-EZ for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Thomas Facinoli | Executive Dir. | 40 | $31,482 |
| Brittany Facinoli | Vice Chair | 10 | $0 |
| Rebecca Blankenship | Treasurer | 3 | $0 |
| Lisa Holmgren | Board Member | 2 | $0 |
| Kait Roth | Secretary | 3 | $0 |
| Christy Baker | Board Member | 2 | $0 |
| Matt Duddleston | Board Member | 2 | $0 |
| Amanda Bellamy | Board Member | 2 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elisabeth Herrin | Executive Ass. | 40 | $6,283 |
| Thomas Facinoli | Board Chair | 20 | $0 |
| Brittany Facinoli | Vice Chair | 20 | $0 |
| Rebecca Blankenship | Treasurer | 1 | $0 |
| Lisa Holmgren | Board Member | 1 | $0 |
| Kait Roth | Secretary | 1 | $0 |
| Christy Baker | Board Member | 1 | $0 |
| Matt Duddleston | Board Member | 1 | $0 |
| Amanda Bellamy | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6601 OLD POST RD, CHARLOTTE, NC 28212-6753
- Principal officer (990 for 2024)
- Thomas Facinoli, 6601 Old Post Road, Charlotte, NC 28212
- Signed the 990
- Thomas Facinoli, Co-Founder
- Phone
- (704) 520-3292
- Website
- www.outoftheashes5k.com
- Return prepared by
- Foard and Company PA
Mission
Our goal with Out of the Ashes Foundation is to help restore hope in each grieving parent and couple who comes through our ministry. We believe that ultimate healing will come only from a renewed and deepened relationship with our Creator. He is the living water that does not run dry. He restores. He refreshes. He redeems. And it is from this hope that long-term healing can make a home in a broken heart.
Program accomplishments
- Medical Grant Program: Provides financial assistance for medical bills associated with pregnancy or infant loss. We alleviate the financial burden from grieving parents so they can focus on navigating a new normal with their families. Through the fundraising from out events, corporate sponsorships, church partners and individual donors, we can practically serve bereaved families by covering medical expenses associated with pregnancy loss and early infant loss.Expenses $56,500 · grants $56,500
- Bereaved Mother's Day and Father's Day Event Program: This program honors grieving parents on some of the hardest days of the year by sending personalized gifts, handwritten cards, and hosting meaningful events of rememberance. These acts of compassion provide comfort, remind parents that their children are not forgotten, and create space for community and healing in the midst of loss.Expenses $2,569
- Care Pack Program: The Care Pack Program provides specially curated care packages for newly bereaved parents following pregnancy or infant loss -- offering a tangible expression of love and support when words often fall short. These care packs help friends or family reach out in meaningful ways during moments of deep grief, ensuring that no one walks that journey alone.Expenses $2,025 · revenue $408
- Community Group: The Out of the Ashes Community Group is a monthly, faith-based support gathering designed for couples (and individuals) who have experienced pregnancy loss, infant loss, or infertility. Led by a therapist, it offers a safe, caring space to share, wrestle wit difficult spiritual and practical questions, and connect with others on a similar journey. The goal is for no one to grieve alone.Expenses $469
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 87-1519875
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W01)
- Assets (IRS master file)
- $106,944
- Income (IRS master file)
- $331,593
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $283,862 | $209,547 | $106,944 | XML |
| 990-EZ | June 2024 | $43,543 | $79,156 | $26,630 | XML |
| 990-EZ | December 2023 | $78,261 | $36,642 | $62,243 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-1519875).
Questions about OUT OF THE ASHES 5K INC
- What is the EIN of OUT OF THE ASHES 5K INC?
- The employer identification number (EIN) of OUT OF THE ASHES 5K INC is 87-1519875.
- Is OUT OF THE ASHES 5K INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to OUT OF THE ASHES 5K INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OUT OF THE ASHES 5K INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OUT OF THE ASHES 5K INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OUT OF THE ASHES 5K INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of OUT OF THE ASHES 5K INC?
- The 990 for the year ended June 30, 2025 names Thomas Facinoli.
- Who are the officers and directors of OUT OF THE ASHES 5K INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 1 received compensation from the organization, the highest $62,000 (Thomas Facinoli, Executive Dir.).
- How much revenue does OUT OF THE ASHES 5K INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $283,862, expenses of $209,547 and total assets of $106,944 at year end.
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